Research

Publications

  1. Real effects of share repurchases legalization on corporate behaviors

    with Z. Wang and Q.E. Yin. Journal of Financial Economics, 2021.

    Featured by Harvard Law School Forum on Corporate Governance.

  2. Do share repurchases facilitate movement toward target capital structure? International evidence

    with Z. Wang and Q.E. Yin. Journal of Empirical Finance, 2024.

  3. ESG scores, scandal probability, and event returns

    with W. Sun, Y. Luo, S.M. Yiu, and W. Ding. Financial Innovation, 2024.

Working papers

  1. ESG considerations in acquisitions and divestitures: Corporate responses to mandatory ESG disclosure

    with Tong Li (Xiamen) and Qilin Peng (UCD)

    Best Paper Award · 31st PBFEAM Conference
    Semifinalist for Best Paper Award · Financial Management Association Conference (FMA) 2023

    Conference presentations

    AMJ Paper Development Workshop 2023; Financial Management Association Conference (FMA) 2023; Chinese Economists Society Conference (CES) 2023; Asian Finance Association Conference (AsianFA) 2023; Asian Meeting of the Econometric Society (AMES) 2023.

  2. Migration of global supply chains: A real effect of mandatory ESG disclosure

    with Hai Lu (Toronto), Qilin Peng (UCD), and Jee-Eun Shin (Toronto)

    Conference presentations

    Rotman Accounting Research Conference 2022; Paris December Finance Meeting 2022; Hawaii Accounting Research Conference (HARC) 2023; Management Accounting Section Midyear Meeting (MAS) 2023; CUHK Accounting Research Conference 2023; MIT Asia Conference in Accounting 2023.

  3. Green analysts

    with Tong Li (Xiamen) and Hai Lu (Toronto)

    Conference presentations

    Midyear Meeting of the Financial Accounting and Reporting Section (FARS) 2025; Financial Management Association Conference (FMA) 2025; Global Initiative for Governance & Sustainability (GIGS) Annual Conference.

  4. From fines to feathers: Enforcement stringency, protectionism, and biodiversity

    with Panyu Li (Simon Fraser) and Yuchen Xu (UNSW)

    Conference presentations

    American Finance Association Annual Meeting (AFA) 2026; China International Conference in Finance (CICF) 2026.

  5. The financial impact of non-financial beliefs in large language models

    with Tong Li (Xiamen) and Dragon Tang (HKU)

    Conference and seminar presentations

    American Accounting Association Global Connect (AAA) 2026; Canadian Academic Accounting Association Annual Conference (CAAA) 2026; University of Macau.

I serve as an ad-hoc referee for accounting and finance journals, including Contemporary Accounting Research, Journal of Financial and Quantitative Analysis, and Review of Finance.